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Thursday,
March 5, 2009
(Cont'd from
above)...
Jim (cont'd):
As our President
sees it they have no
reason for being
here… they are just
a bunch of fat
felines waiting to
be euthanized and
Obama wants to play
the role of the
federal ASPCA… how
about the top brass
of the companies in
healthcare cost
containment
industry… yeah, you
know what I mean,
like the HMO’s, like
Aetna, like
Unitedhealth, Signa,
Wellpoint… they are
poster boy
overweight affluent
abersidiems… they
are rip off artists…
taxing and marking
the system, who need
to be stripped of
their ability to
generate profits and
turned into
non-profits… how
about the
aristrocats who run
the resort and
travel business, I
am talking about
those people like
Marriott, MGM,
Starwood, they are
the lowest sort of
plump Persians… they
are the kind that
cater to other fat
cats who are taking
federal money….
obese osalats… who
will bet the
criminal bankers,
and their ilk, when
they take big tax
deductible trips…
who do they think
they are… the casino
bosses too…
cheetahs, all of
them… and it
wouldn’t take too
much to push Las
Vegas, or MGM, or
maybe Winn over the
edge… just a little
bashing from the
Oval office would do
it don’t you think…
don’t you think that
would take care of
it.
Alright, if they
weren’t all a bunch
of aristrocrats,
they would have
subsidized hotels
like subsidized
housing… how about
agri business,
portly Pumas who
feed endlessly at
the public trough…
we will show them
with their fancy
John Deere tractors
and their Monsanto
seeds, and their
high folluting
potash fertilizer…
executives in the
real estate
business, who
organized the
housing complex, the
Tolls, the Mellars,
the Toltexes, the
Poltese, everyone of
those… do you know
what they are, they
are lard filled
linxes, demanding
mortgage deductions
to entice home
buying…they want tax
breaks for home
buyers, they are
selfish tomcats, all
of them… whip them
an extra 20 lashes
with the cat o-nine
tails will you… hold
it, I got a real bad
actor coming…
defense industry
honchos, serial
Siamese fat cats…
who make way too
much money selling
outmoded systems
that we don’t need,
and don’t stop the
bad guys… auto
executive fat cats,
Wikipedia has a
picture drawn by
Obama of that group
of neer-do-wells.
How about… oh boy, I
have got to be
careful here because
I am really talking
about some real
criminals… how about
the plutocrats who
run coal mines, or
coal based
utilities… ponchy
panthers, who favor
global warming, and
using the air that
we breath as a
litter box…
indictable fat cats
that would poison us
if they had the
chance… people in
banking and the
brokerage houses, oh
my, the hedge funds,
the traders, the
investors…. the fat
cat wall of shame…
they are the
original inductees…
war criminal fat
cats, blimpy bangel
tigers, man-eaters
all of them… right
down to the ones
that stuff the cash
into the ATM
machines… water
boarding are too
good for these guys…
send the banking
bobcats to Gitmo
pronto… now I admit
that there is a
large portion of the
banking industry
that is generally
populated by some
overstuffed felines…
I am talking about
some guys like John
Thain, or Dick Fold,
late of Merrill and
Lehman… we got some
real indictable
malefactors in that
industry… but when
you have a problem
selling demics so
pervasive that it
entangles every
single bank and
brokerage… is it
really fair to
demonize all of
them… or at least
fetalize them,
because of their
place of employment…
think about it… they
aren’t all at
Citigroup or Bank of
America or Wells
Fargo… they are at
Fifth Third, and
Marshall, and Islia,
Huntington, Assiance…
endangered wildcat
species from the
Hindu lands… to
Obama they might as
well be first
national fat cats
with rabies that
could bite the rest
of us… and must be
put down… all of
them… and the cat
house that they came
from.
The problem with all
of these fat cats is
that when you are
done listing them…
there aren’t a lot
of businesses left
that aren’t being
penalized or
felanized… there
just aren’t a lot of
companies that can
create the jobs that
we need… as our
President is too
busy meening out
punishment… we have
stuffed so many fat
cats into this cat
kennel that there
just aren’t a lot
left outside to do
the business of
America… except
maybe as
professional litter
box cleaners… sure,
he hasn’t said
anything yet about
retail fat cats that
I know of… robber
baron rail fat cats…
nuh, that is a green
operation, maybe
they get immunity…
tech CEO’s, so far
under the radar
screen, sector is
Obama resistant for
the moment… any fat
cats in the food and
beverage industry,
well lots of them
push food that is
bad for people… I
say look out
potential fat cat
targets, I am sure
that Obama can find
some fleshy felines
if he looks hard
enough… we will all
be eating cat food
when he is done
anyway… so what is
the ish… make mine
Paul Newman’s own,
or maybe Sheeba… or
some Fancy Feast…
white meat or sable.
The one thing that
you don’t want to do
in this market is
invest in the stocks
that are run by
these fat cats…
because you can
believe they will be
indeed… skinned
alive… you lie down
with fat cats you
get fleas… and
losses for that
matter… certainly
not dividends… now,
how about anybody
that works for any
government, state,
or local or
national… they are
total anti fat cats…
those are skinny
dogs that need to be
fed at the expense
of just about
everyone else…
government employees
are the huge winners
in the stimulus
package… total
gamers… I call them
lucky dogs… sadly
you can’t invest in
the ASPHME, or the
ALFCIO… man, I would
if I could… they are
the safest stocks in
the county for this
moment… if they were
only stocks.
Here is the problem…
right now we have
got so many fat cats
out there that
business people feel
they are going to be
filleted alive any
minute… as Obama
demonstrates that
there is more than
one way… they never
knew how bad they
were and how
illegitimately they
were making their
money, shame on them
all… now maybe they
never should have
felt so entitled or
been so entitled…
but right now, the
real executives
enemy list, not the
one that I am on, is
too long to be
believed… and the
fear of being taxed
out of fat cat
existence has gotten
impalpable.
Here is the bottom
line…
▼ ▼
▼ ▼
▼
 The Bottom Line!:
This is another
reason that I think
the country is so
frozen… and the
markets plummet
seemingly by the
day… including this
great one… as this
one today, which was
unbelievable… do you
know what it is… it
is the great
American wealth
destruction… and it
proceeds a pace… we
have met the enemy
and whether he is on
Wall Street or Main
Street… it turns
out, he is us… just
about any enterprise
that can create jobs
run by fiendish fat
cats… Obama would
rather punish them
than save the
economy…. I say
spare the rod, pass
the cat o-nine
tails… there is a
new sheriff in town.
I think President
Obama’s
administration is
behind the latest
round of wealth
destruction and
Obama needs to
realize that
punishing the fat
cats will not help
Main Street
Alright, the Dow
miserable, horrible…
down 281 points …
the fat cats, well
lets just say they
are… I am going to
miss them as they
slowly leave and
vanish from the face
of the earth.
[verbatim recap]
▼ ▼
▼ ▼
▼
Jim went on after
this segment to take
questions from
callers, and
responded with his
comments...
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Q:
I have been a
student of Joseph
Crandall, as you
know I am sure is
considered by many
as being the
greatest technical
analyst of our life
time, at least as
far as I am
concerned. A year
and half ago when
the Dow was at
14,000, his worked
showed that we were
at a top, he didn’t
know why it was
going to go down,
but it was a wide
non-confirmation of
the majority of the
technical
indicators. So,
obviously we were
out all this time,
now the Dow has made
a new low at the end
of last week,
besides today, and
it was non-confirmed
by the majority of
the technical
indicators,
therefore, it is a
major buy single at
this time according
to the Crandall
work.
Jim:
Alright, I think
that that is
sensational… and I
completely and
utterly disagree
with it… but believe
me I caught every
minute of it.
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Q:
I was interested in
hearing you take on
an argument that my
husband and I have
been having about
Bank of America and
their downslide in
recent months. He
feels as though Ken
is solely to blame
for creating the
banks problems, and
I feel that there
are many
contributing
factors, that it is
not all Ken’s fault.
Jim:
Well, did Ken show
good judgment
overpaying for
Citigroup or for
Merrill. I don’t
think that that was
good judgment… I am
so far out of the
blame game now… I
want Bank of America
preserved as an
independent bank…
and I am done
dumping on whatever
happened… this is a
great company with a
lot of people… we do
not want this
nationalized… we
want it kept
independent… we want
Tim Geithner to come
up with something
that takes the
stocks out of the
hands of the short
sellers and into the
hands of the
bankers… we want the
government to
stabilize the
situation so the
banks can be
independent… so I am
done pointing
fingers at Ken Lewis
or anybody else… I
just want Bank of
America to live.
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[verbatim recap]
[end of segment]
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